Finding a Lender for the PPP Program

April 7, 2020 at 9:47 am

Below is a list from the Small Business Association on recommended steps to find a lender for the PPP program:

  1. Contact your current business bank first to see if they are participating in the PPP program
  2. If your bank is not participating in the PPP program, ask if they have plans to apply with the SBA and participate
  3. OR, if they have reached their limit, such as Wells Fargo, ask for a referral to a participating bank
  4. Also, understand that some banks are assisting their current clients first and then those with current SBA loans before taking on new accounts
  5. Check the SBA website frequently as new banks and credit unions are applying to become approved lenders every day
  6. And, if all else fails, below is the list of additional banks participating in the PPP program:Vectra Bank
    US Bank
    TCF Bank
    Sunflower Bank
    City Wide Bank
    Academy Bank
    Central Bank & Trust

For additional assistance with the application process, visit the Community Development Financial Institutions Fund (Community Lenders) and the Small Business Development Center.

We are here to help you navigate through resources specific to business owners in Castle Pines.  If there is information you need from us or would like us to include in these updates, we want to hear from you: email us at: